Czech Republic : Selected Issues Paper.

This 2010 Article IV Consultation discusses Czech Republic's economic condition. The Czech economy's fundamentals were strong prior to the global economic and financial crisis. However, owing to its highly open nature, the economy was hit by spillover effects. A downturn in the euro area d...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2010.
Colección:IMF Staff Country Reports; Country Report ; No. 2010/059
Acceso en línea:Full text available on IMF
Descripción
Sumario:This 2010 Article IV Consultation discusses Czech Republic's economic condition. The Czech economy's fundamentals were strong prior to the global economic and financial crisis. However, owing to its highly open nature, the economy was hit by spillover effects. A downturn in the euro area depressed exports while investment declined owing to a drop in FDI and the tightening of banks' lending standards. Monetary and fiscal easing provided helpful stimulus, thereby cushioning the economic downturn.
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Descripción Física:1 online resource (29 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students